On Tuesday, December 20th, Daiwa Securities released a research report on Tesla Inc, maintaining the Outperform rating, and lowered the target to $177 from $240
Tesla Inc Stock Forecast & Price
According to 33 analysts’ stock projections for Tesla Inc., the company’s average 12-month target price is expected to be USD 295.24. The typical analyst rating for Tesla Inc. is Buy. Tesla Inc.’s stock price analysis by Stock Target Advisor is Slightly Bullish and is based on 10 positive and 6 negative signals. The stock price of Tesla Inc. was USD 149.87 at the most recent close. The stock price of Tesla Inc. changed by -10.70% over the previous week, -16.83% over the previous month, and -51.79% over the previous year.
Company Overview
Tesla, Inc. creates, develops, produces, rents, and markets energy generation and storage systems in China, the United States, and other countries. The business is divided into the Automotive and Energy Generation and Storage sectors. The automotive division sells automobile regulatory credits in addition to electric vehicles. Through direct and used car sales, a network of Tesla Superchargers, in-app upgrades, and services for purchase financing and leasing, it offers sedans and sport utility vehicles. Along with selling used cars, retail goods, vehicle insurance, and services for electric vehicles through its company-owned service centres and Tesla mobile service technicians, this segment is also involved in the provision of non-warranty after-sales vehicle services, the sale of used cars, retail merchandise, and extended service plans. Through its website, stores, and galleries, as well as a network of channel partners, the Energy Generation and Storage business offers solar energy generation and energy storage equipment, as well as related services, to residential, commercial, industrial, and utility clients. Additionally, this division provides its customers with energy equipment service and repairs, including those covered by warranties, as well as a variety of financing alternatives for solar customers. In February 2017, the business changed its name from Tesla Motors, to Tesla, Inc. Austin, Texas serves as the corporate headquarters of Tesla, Inc., which was founded in 2003.
